sounds like a great way to spend a few days @Dingoheeler , terrific.
Yep. News flow has been underwhelming. Always feels like we are days away from an announcement that will stop this rot, but it never comes.
I'd love to see BMV reporting fortnightly progress reports from Gubong, which are then released on the ASX. Let us know how things are going there, and let us see how you are developing our asset. Yes we are using your expertise, like we did WGX at Cannon, but it's our ground.
Pictures in recent Pilbara rock kicker announcement showed specks of gold, and the SP ran hard. We've banked cash from production, are free carried for 12+ months of exploration, exploring decent prospects in 2 very gentle jurisdictions, further small cash flow could be in the not to distant future and we're hunting elephants yet we linger.
Simon has presented a conference and a symposium recently, feedback seems to be that we are undervalued for what we have, and the ASX doesn't know how to value us, yet he cant attract any decent investment to the register. Why so?
There is always hot money looking for a home. there are always value investors looking to make their next packet. There are always investors looking for a good gold play to park cash for the medium/long term. Why cant we snag some of this money?
Maybe instead of gifting 7% of the company, while keeping the register "tight as a drum" we should have given 5% to a broker to generate some volumes.
SAU Price at posting:
27.5¢ Sentiment: Buy Disclosure: Held